An internal audit control system is like a good diet and exercise plan. Like the measures you take to protect your health, it consists of all the policies and procedures you have in place to protect ...

The National Audit Office has flagged limited internal controls and inadequate project management, in a report it submitted to the Speaker of the House on Wednesday. Auditor General Charles Deguara, ...

Internal auditors are traditionally defined as in-house accountants who conduct regular and continuous examination of financial records and internal controls. Business risk refers to the probability ...

No matter what internal audit gets called to do, there will always be a cadre of misguided executives and board members who think internal audit is just an extension of the finance function.

The Public Company Accounting Oversight Board is seeing some improvements in audits of internal control over financial reporting, but also some contradictory findings. In a speech last week during the ...

Auditors have pointed to dozens of concerns about fiscal safeguards at Ventura County Medical Center, tying the issues to the tone set by top leadership. The four-month, $100,000 audit was conducted ...

Auditors have questioned the accounting practices at the Palm Springs Art Museum. Areas of concern include problems with ...

A performance audit of the Office of the Minnesota Governor and Lieutenant Governor found multiple instances of noncompliance ...